Norway/NCS
News
December 05, 2019
Sverdrup’s earlier-than-expected start in October broke a long trend of underperformance for Norway’s overall oil production. Output lagged forecasts in 28 straight months through September, even after the 2019 estimate was slashed to a 31-year low.
News
November 28, 2019
For the first time, an exploration well is being drilled in the North Sea where the objective is not to find oil or gas.
News
November 26, 2019
Equinor will reduce its focus on the frontier areas of the Barents Sea in another blow to Norway’s ambition to build a new oil province in its Arctic region.
News
November 25, 2019
Ardyne has enhanced its relationship with Equinor through a frame agreement for fishing services covering all of the operator’s assets on the Norwegian Continental Shelf.
News
November 19, 2019
The Norwegian Petroleum Directorate’s preliminary production figures for October 2019 show an average daily production of 1.82 MMbblof oil, NGL and condensate, an increase of 264,000 bpd compared to September.
News
November 15, 2019
“The agreements form the basis for a strong long-term collaboration, allowing us to use new technologies, achieve continuous improvement and increase safety and value creation for all parties,” says Peggy Krantz-Underland, Equinor’s chief procurement officer.
News
November 06, 2019
Equinor and partners ExxonMobil, Idemitsu and Neptune have discovered oil and gas in exploration well Echino South, 35/11-23, by the Fram field in the North Sea.
News
November 01, 2019
The compression system will be powered and controlled from the Nyhamna onshore gas processing plant, which is 120 km from the subsea location. This tieback distance is also a world record for transmitting variable speed power from an onshore facility to equipment on the seabed.
News
October 30, 2019
Oil was discovered in the North Sea in the 1960s and has made Norwegians rich, but that fairy tale is now losing sway as a growing number of politicians and environmental groups are calling for a shutdown of production with as much half of the estimated resources still in the ground.
Article
October 2019
Use of AICDs has shown that it can significantly increase oil production, extend well life, and lead to greater ultimate oil recovery in a veteran field offshore Norway.
News
October 24, 2019
Norway’s new Johan Sverdrup oil grade is making inroads in Asia, threatening to undermine sales of similar crudes from Africa and South America.
News
October 21, 2019
The first cargo is expected to leave for customers in Asia this week, and contains 1 MMbbl of crude with a market value of around $60 million.
News
October 11, 2019
Kongsberg Digital signed an agreement to digitalize the Nyhamna facility, a gas processing and export hub for Ormen Lange and other fields connected to the Polarled pipeline.
News
October 11, 2019
The head of Norway’s oil regulator, who bows out after 12 years of pushing companies to squeeze out every possible barrel from projects, said she’s leaving an industry in good health despite a growing debate over its future.
News
October 11, 2019
Equinor made a final decision to invest in floating wind turbines to power offshore oil platforms off Norway after the government agreed to subsidize a large part of the cost.
News
October 07, 2019
Discovered in 2010 in an area that had been disregarded by most explorers, the site started production on Saturday and is set to reach 440,000 bpd by next summer.
News
October 02, 2019
Norway-based Eidesvik AS has contracted Wärtsilä to engineer, supply, and commission a hybrid propulsion system for its ‘Viking Neptun’ construction vessel.
News
October 02, 2019
“Valhall West Flank is an important measure for further exploitation of the resources in a mature field,” says Tove Francke, the NPD’s assistant director for development and operations, North Sea South.
News
September 26, 2019
“Our objective is to have the strongest, most competitive Upstream portfolio in the industry,” said Neil Chapman, senior vice president of ExxonMobil. “We’re achieving that by adding the best set of projects we’ve had in many years and divesting assets that have lower long-term strategic value."
News
September 24, 2019
The Norwegian Petroleum Directorate report states production in August was below forecast due to technical problems and maintenance work on some fields.
News
September 17, 2019
"Equinor expects a significant simplification and thus an acceleration of maintenance work. Changes and collaboration with many subcontractors, whether in the design area or in operation, are much easier to implement and are more consistent with this unique master engineering database," said Uwe Vogt, executive officer at Aucotec.
